Best Buy founder Richard Schulze is weighing whether to scrap a plan to take over the struggling electronics chain and instead line up investors, Joan Solsman joins digits. Photo: Best Buy.

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... I ... best Buy's proposal for Teddy to be up possible by for founder Richard Schulze ... who is looking to buy the rest of the company can talk about it is Joan Solsman ... later productions Newswires who's been covering the company ... said this is that ongoing store for Best Buy since August when Mr. Schultz said that he was looking to buy the rest to come what's the latest news ... latest news is that it looks like Mr Shelton eighty shying away from his original plan attracting the company public ... in sight to the company private ... aam instead may be looking to line up other investors to take a minority stake it's twice that ... well this is the beginning that I'll win shelves announces intention to try to take over the company ... there are doubts about whether or not he can light up the financing to do that ... and there have been multiple stages of a spend mind there's been a monster and on about any news of him getting the financial backing ... why why see him so much trouble getting financial that's what why and there's a lot of doubt about Best Buy's ability to ... survive any of the company isn't in any direct threat of going under ... by its had same-store sales declines for years ... its cash flow right now it has dwindled to a ... Beery very low level ... and that particular something that ... I private equity firm isn't interested in and it bothered looking so put a lot of that into something ... much social tone chilled about twenty percent stake right now to try to get the other eighty percent it was what the book value is that eighty percent he's trying to pray well as a racing all on offer its original proposal on value Best Buy and our ... eight billion dollars total ... where does the state that it didn't add ... total to win that should touch it so where does he go from here ... well aam ... she has some options he has about two more weeks to make a proposal ... on and if he doesn't do that he still has options in terms of trying to get people on the board ... and that impacts ... so what he's trying to do is old boy in white ... his time to time ... in our ... shelves founded this company she was there chairman for decades use their leader for years ... and he doesn't like where it's going he wants to bring it back into its fold CDS was seen ... again for their influence on the company on the board ... and what are the chances at this stage of and succeeding while the chance ... we talked and shared this AllThingsD as the season champs but you know I can also Wall Street for example have paints his ... chance of success for a full LBO buyout at about one percent ... doctrine ... and right now the stock is actually up a bit so it was a solo rather dramatically ... yesterday when when the day when the news came out ... otherwise has a stock than before ... the stock has been on a pretty is stated time and again about the last year ... aam ... it's our values spiked in the summer when there are thoughts that ... hostile to the Oval to get his I'll be appearing at the financing is but then they drop the precipitously when stimulant that that was to be coming anytime soon ... and she said key deadlines coming up again and wants to have more news on this later at a site can become don't think it you read more about on WS J dot com ...